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Monarch Casino & Resort: Q4 Earnings Insights

Author: Benzinga Insights | February 14, 2024 05:15pm

Monarch Casino & Resort (NASDAQ:MCRI) reported its Q4 earnings results on Wednesday, February 14, 2024 at 04:03 PM.

Here's what investors need to know about the announcement.

Earnings

Monarch Casino & Resort missed estimated earnings by 9.71%, reporting an EPS of $0.93 versus an estimate of $1.03.

Revenue was up $7.65 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.21 which was followed by a 5.67% drop in the share price the next day.

Here's a look at Monarch Casino & Resort's past performance:

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate 1.44 1.17 0.98 1.20
EPS Actual 1.23 1.14 0.90 1.14
Revenue Estimate 134.80M 123.87M 115.45M 121.10M
Revenue Actual 132.97M 123.68M 116.64M 120.54M

** Listen to the earnings announcement yourself by clicking here. **

To track all earnings releases for Monarch Casino & Resort visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: MCRI

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